Summary: There is no perfect age to start Social Security, factors like life expectancy matter.

From Nasdaq: 2025-06-21 16:00:00

Summary: The age you choose to claim Social Security benefits can significantly impact the amount you receive. Claiming before your full retirement age can reduce your checks by up to 30%, while delaying can increase them by up to 24%. Factors like life expectancy and financial situation should guide your decision. Consider how your claiming age may affect your partner’s benefits too. Use tools like the my Social Security account to estimate your benefits and plan for retirement accordingly.

Summary: There is no perfect claiming age for Social Security benefits, but some ages may be better suited for you based on individual circumstances. It’s important to weigh the pros and cons of claiming early versus delaying benefits. Consider factors like personal savings, life expectancy, and spousal benefits when deciding the optimal claiming age. Regularly review and adjust your retirement plans as needed to ensure financial security in the future.



Read more at Nasdaq: Is This the Perfect Age to Start Social Security?